Description

Project management is part of the life of customer-oriented companies. Mastering a project, whether IT, economic or reorganization, is all the more fundamental as it impacts the profitability of the company. This training in budget management control tools provides a rigorous methodology for managing projects while respecting profitability and cash flow objectives.

Who is this training for ?

For whom ?

Project manager. Information systems manager. Manager and consultant in charge of a project. Project management controller assistant.

Prerequisites

None.

Training objectives

Define the objectives of a project management control

Master all management control tools adapted to projects

Measure project performance

Monitor project cash flow

Evaluate the profitability of an investment project

Develop economic and financial dashboards

Training program

• Contributions of management control for projects
  • Different project categories from a management perspective.
  • Plan-measure-act.
• Evaluate costs and margin Different types of costs: direct, indirect, fixed, variable.
  • Complete cost, direct costing.
  • Analytical breakdown of the project.
  • Calculation of a daily rate, for an internal or external project.
  • Expense commitment procedure.
  • Estimation of the result at completion.
  • Scenario Exercise: determination of the daily rate for a market and non-market project.
• Estimate the budget, ensure budget monitoring
  • Cost the operational plans.
  • The choice of durations of use, the depreciation of assets.
  • Budget planning.
  • The stages of constructing the project budget.
  • Positioning the 'milestones'.
  • Estimating the result at completion.
• Monitor project cash flow WCR and project cash flow curve.
  • How to improve the project's cash flow: negotiate advance payments, payment deadlines...
  • Case scenario on spreadsheet: calculation and improvement of the project's cash position.
• Evaluate project profitability Investing (FTI) and operating (FTE) cash flow.
  • Choice of discount rate.
  • Payback period, Net Present Value (NPV), Internal Rate of Return (IRR).
  • Maximum cash flow trough : case on spreadsheet: calculation of profitability of a project.
• The project dashboard
  • Performance and management indicators.
  • Communicate from the dashboard.
  • Formatting.
  • Scenario Exercise : choose the relevant indicators for your project.
• Remote activity
  • To benefit from the contributions of an expert on a theoretical or practical point: an
  • expert 'Get started with profitability and cash flow analysis'.